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FLEX wallet

The most secure hardware wallet for your FLEX

Join a thriving community of FLEX enthusiasts safeguarding their assets with the Tangem Wallet. Your funds, your control.

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How to secure your FLEX with Tangem?

When you buy or hold FLEX in Tangem, it secures your private keys in many ways:

How to get a FLEX Crypto Wallet?

Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.

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Firstly

Get the Tangem Wallet.

Take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.

Then

Sync Tangem Wallet with our App.

During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.

Finally

Discover the power of crypto.

Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.

Why choose FLEX wallet with Tangem.

Privacy

No registration and KYC required to use the app. We don't track your data.

Security

Your private keys are encrypted and never leave your device. Only you have control over your funds.

Convenient designs

Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.

24/7 Customer care

Fast support for your needs. Live chat and email support for customers from all over the globe.

What is FLEX (FLEX)?

FLEX is a key component of the Flex Protocol, a decentralized lending platform situated on PulseChain. The system allows users to secure interest-free loans, leveraging their $HEX holdings as security. The loans are dispensed in $HEXDC, a stablecoin that is tied to the value of the U.S. dollar. Borrowers must maintain a minimum collateral ratio of 110% to secure these loans.

What is a FLEX wallet?

A FLEX wallet is a digital tool that stores the private keys required to access and manage your FLEX addresses. These wallets do not store the actual FLEX coins; instead, the coins remain on the blockchain. The wallet's primary function is to generate and save your private keys, enabling you to handle your FLEX transactions. In simple terms, it helps store, send, receive, and manage your FLEX digital coins.

How does a FLEX wallet work?

FLEX wallets operate using pairs of public and private keys to handle your blockchain accounts. The private key is essential for accessing a designated FLEX account and should never be shared, whereas the public key can be used to accept FLEX transfers. If you wish to send FLEX coins, you'll need the corresponding private key. Tangem Wallet safely generates and keeps these private keys within its secure chip.

What are the types of FLEX wallets?

  • Exchange FLEX Wallets:
    Platforms like Coinbase, Binance, and Kraken offer custodial wallets for buying FLEX with traditional currencies, posing the risk of losing access to your funds if account control is lost.

  • Software FLEX Wallets:
    These are digital wallets installed on various devices that help manage private keys and conduct FLEX operations. They provide convenience but can be susceptible to malware and online threats. Variants include mobile, desktop, and browser-based wallets.

  • Mobile FLEX Wallets:
    Apps designed for managing FLEX on smartphones provide ease of access at your fingertips.

  • Desktop FLEX Wallets:
    Installed directly on personal computers, they keep your private keys on local storage devices such as hard drives or SSDs.

  • Hardware FLEX Wallets:
    Providing offline security, options like Tangem protect your FLEX by keeping them away from potential online risks.

How to Choose the Best FLEX Wallet

Selecting the ideal FLEX wallet depends on personal preferences, focusing on aspects like ease of use, dependability, durability, and security. For those looking to store large sums or secure their assets against online threats, a hardware wallet such as Tangem is advisable.

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FLEX FAQ

  • You can buy FLEX on major cryptocurrency exchanges like Binance, Coinbase, or Kraken. You can also use P2P platforms or specialized exchange services. For safe storage, it is recommended to use a reliable wallet like Tangem.
  • For long-term storage of FLEX, a cold wallet such as Tangem is the best choice, offering a high level of security. For active transactions, a hot wallet is more convenient but less protected from hacking.
  • Transfer fees for FLEX depend on the blockchain network load and the exchange or wallet used. Typically, this includes a network fee (gas fee) and possibly additional fees from the platform.
  • To create a wallet for FLEX, install the Tangem app, follow the instructions to set up a cold wallet, and generate a unique address for storing your cryptocurrency.
  • TLDR:Coinbase has obtained its VASP registration in the United Kingdom issued by the Financial Conduct Authority (FCA). This registration will allow Coinbase to offer a better suite of retail, institutional, and ecosystem products and services to users across the UK as the largest registered VASP.
  • Virtual asset service providers (VASPs) areentities that carry out exchanges between different forms of virtual assets or between virtual assets and fiat currencies. A VASP may also transfer virtual assets, administer them, or oversee their sale by an issuer's office.
  • FLEX Coin (FLEX) isthe native token of the CoinFLEX exchange, a centralized cryptocurrency derivatives exchange. It was initially minted on the BCH SLP network and later expanded to ERC-20. FLEX is used for discounted trading fees, collateral for trading, and governance on the platform.
  • FLEX isthe coin that powers CoinFLEX, a physically settled futures exchange. CoinFLEX claims to average around 200-400mm USD of trading volume daily.
  • Trading Term.A numerical code required by the Flex Web Service. The FlexWeb Service lets you generate a Token, which you must use to Initiate a Flex Query request and retrieve a Flex Query report using the Flex Web Service.
  • Flexa isthe first network specifically designed to facilitate practical.cryptocurrency payments by enabling instant, no-fee transactions at.stores, restaurants, and online. Flexa represents a milestone in the utility. of cryptocurrency—payments that are both consumer and merchant.
  • CoinFLEX isa cryptocurrency exchange platform powered by Flex Coin, developed to allow users to trade seamlessly on the platform. The FLEX Coin offers exclusive benefits to its users, which improve the experience of trading on CoinFLEX exchange for users.
  • FLX isthe “ungovernance” token of the Reflexer Finance protocol.
  • Virtual asset service providers (VASPs) areentities that carry out exchanges between different forms of virtual assets or between virtual assets and fiat currencies.
  • FLO isa scrypt minable crypto-currency with quick transaction processing. It is based on the Bitcoin and Litecoin source code, with improvements in several areas. FLO is a public record for building decentralized applications that introduces a new feature called floData.

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